# Nebraska LB743: Change provisions relating to optional benefit forms under the Police Officers Retirement Act Nebraska LB743, Change provisions relating to optional benefit forms under the Police Officers Retirement Act, is a 109th Legislature 1st and 2nd Sessions legislature bill sponsored by Margo Juarez; status signed, last action 2026-04-14 (Approved by Governor on April 14, 2026); PRIA reads it as touching household money (as of 2026-10-17). - Canonical: https://policyrisk.com/state-bill/NE-LB743-109 - As of: 2026-10-17 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Nebraska LB743 - State: Nebraska - Session: 109th Legislature 1st and 2nd Sessions - Title: Change provisions relating to optional benefit forms under the Police Officers Retirement Act - Status: signed - Chamber: legislature - Introduced: 2026-01-07 - Last action: 2026-04-14, Approved by Governor on April 14, 2026 - Sponsor: Margo Juarez - Cosponsors: 0 - Subjects: Nebraska Retirement Systems Committee - Touches household money: yes - Roll calls: 2 (86 yes, 0 no in all) - Economic provisions PRIA read: 4 ## Summary No summary available. ## Bill overview: provisions PRIA read - Minimum pensions guaranteed for 1984 hires: benefit, high. For officers employed on January 1, 1984 and kept working to retirement, the law guarantees a minimum pension. With 25 years and retirement after age 60, the floor is 50% of regular pay. With 25 years and retirement after age 55 but before 60, the floor is 40%. You may still choose a lump sum or ot… - More pension payout choices for police: benefit, medium. The law lets retiring police choose more ways to get their pension. You may take a single lump sum or set partial payments. You may pick a survivor benefit at 100%, 75%, or 50%. A straight life annuity now guarantees at least 60 monthly checks. You may delay your first payment to the first day of a… - Tiny pensions paid as lump sums: benefit, low. If your straight life annuity would be less than $25 per month, you get a lump sum instead. The lump sum equals your retirement value, and you cannot choose an annuity. Effective October 1, 2026. - Police annuity set by contract terms: mixed, low. When you choose an annuity, your amount equals what the annuity contract bought with your retirement value pays on the first payment date. If the retirement system gives you that annuity contract, its duty to pay retirement, death, or disability benefits ends. Effective October 1, 2026. ## Sponsors and cosponsors - Sponsor: Margo Juarez, Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-04-09 | legislature | Final Reading | pass | 49 | 0 | | | 2026-02-11 | legislature | Vote | fail | 37 | 0 | 12 | ## Actions (14) - 2026-04-14: Approved by Governor on April 14, 2026 (legislature) - 2026-04-10: Presented to Governor on April 10, 2026 (legislature) - 2026-04-10: President/Speaker signed (legislature) - 2026-04-09: Passed on Final Reading 49-0-0 (legislature) - 2026-03-03: Placed on Final Reading (legislature) - 2026-02-20: Advanced to Enrollment and Review for Engrossment (legislature) - 2026-02-20: Kauth FA372 withdrawn (legislature) - 2026-02-18: Placed on Select File (legislature) - 2026-02-11: Advanced to Enrollment and Review Initial (legislature) - 2026-02-02: Placed on General File (legislature) - 2026-01-15: Notice of hearing for January 30, 2026 (legislature) - 2026-01-09: Referred to Nebraska Retirement Systems Committee (legislature) - 2026-01-08: Kauth FA372 filed (legislature) - 2026-01-07: Date of introduction (legislature) ## Bill text - Introduced, 2026-01-07: [PDF](https://nebraskalegislature.gov/FloorDocs/109/PDF/Intro/LB743.pdf) - Enrolled / Slip Law: [PDF](https://nebraskalegislature.gov/FloorDocs/109/PDF/Slip/LB743.pdf) - Final / Enacted: [PDF](https://nebraskalegislature.gov/FloorDocs/109/PDF/Final/LB743.pdf) ## Related bills - LB468: Change provisions relating to inheritance taxes, change certain fee and tax provisions, and eliminate a sales tax exemption relating to data centers (failed) - LB13: Require the Department of Health and Human Services to file a state plan amendment relating to child care (failed) - LB677: Change provisions of the Nebraska Medical Cannabis Regulation Act and provide for regulation of medical cannabis (failed) - LB170: Eliminate the sales tax exemptions for candy and soft drinks (failed) - LB646: Provide an exemption from brand inspections and change fees under the Livestock Brand Act (failed) - LB714: Change provisions relating to motor vehicle taxes and fees (failed) ## Sources - [Introduced (PDF)](https://nebraskalegislature.gov/FloorDocs/109/PDF/Intro/LB743.pdf) - [Enrolled / Slip Law (PDF)](https://nebraskalegislature.gov/FloorDocs/109/PDF/Slip/LB743.pdf) - [Final / Enacted (PDF)](https://nebraskalegislature.gov/FloorDocs/109/PDF/Final/LB743.pdf) ## Related - [LB468: Change provisions relating to inheritance taxes, change certain fee and tax pro…](https://policyrisk.com/state-bill/NE-LB468-109) - [LB13: Require the Department of Health and Human Services to file a state plan amendm…](https://policyrisk.com/state-bill/NE-LB13-109) - [LB677: Change provisions of the Nebraska Medical Cannabis Regulation Act and provide f…](https://policyrisk.com/state-bill/NE-LB677-109) - [LB170: Eliminate the sales tax exemptions for candy and soft drinks](https://policyrisk.com/state-bill/NE-LB170-109) - [LB646: Provide an exemption from brand inspections and change fees under the Livestock…](https://policyrisk.com/state-bill/NE-LB646-109) - [LB714: Change provisions relating to motor vehicle taxes and fees](https://policyrisk.com/state-bill/NE-LB714-109) - [Nebraska bills](https://policyrisk.com/states/nebraska/bills) - [Nebraska state hub](https://policyrisk.com/states/nebraska) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/NE-LB743-109 (as of 2026-10-17).